×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Monday
26
Jan 2026
weather symbol
Athens 16°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> Economy

Turkey: Finance Minister & Erdogan’s son-in-law resigns

30-40 MPs threaten to resign Bahceli's nationalist party, Erdogan's government partner

Newsroom November 9 09:11

The news of the resignation of Turkish Finance Minister and son-in-law of Recep Tayyip Erdogan, Berat Albayrak caused confusion.

In the resignation announcement, which was made through Facebook, and while his twitter account is not accessible, Albayrak cited health reasons, newer information from the Presidential Palace stated that he was a victim of hackers. According to the post, Erdogan’s son-in-law wanted to spend more time with his family.

However, many believe that his resignation is linked to the great devaluation of the Turkish lira in recent weeks.

However, according to Bloomberg, a spokesman for the ministry confirmed the authenticity of the announcement on Instagram, but asked not to be named. However, sources in the cabinet have yet to confirm or deny the news to the agency.

Following the announcement of Albayrak’s resignation, all posts in recent months have been deleted from the Ministry of Finance and Finance’s official Twitter account.

In Turkey, only the opposition newsgroup Cumhurriyet publishes Albayrak’s post on twitter, unlike the newspapers that are close to Erdogan which do not cover the issue.

Erdogan is now called upon to approve the resignation.

Albayrak, 42, was appointed Minister of Energy in 2015 and with the re-election of Recep Tayyip Erdogan in 2018, he was transferred to the Ministry of Finance.

See Also:

The disturbing true story of the Pied Piper of Hamelin

Moody’s raises Greece’s rating as reforms bring progress

During his tenure in the finance ministry, the Turkish economy was hit by two major shocks, double-digit inflation and high unemployment. The pound has lost more than half its value since early 2018.

The move came as a surprise to analysts and lawmakers. Deputy Transport Minister Omer Fatih Sayan wrote on Twitter that he hoped Albayrak’s resignation would not be accepted, adding that “our country, our people and our community need you”.


Mehmet Mouss, deputy chairman of the ruling AKP Party parliamentary group, said Albayrak had taken significant steps to boost the economy and hoped Erdogan would not accept his resignation.

>Related articles

Mitsotakis: Europe must remain united and maintain channels of cooperation with the US, even in times of tension – We seek an active role in Gaza

Minimum wage for 2026 enters consultation, target set at €950 by 2027

War in Ukraine: Diplomacy in Abu Dhabi, Bombardments in Kyiv and Kharkiv

“We are personally witnesses of his diligent work. If our President deems it necessary, I hope he will continue in his post”, Mous wrote on Twitter.

30-40 MPs threaten to resign Bahceli’s nationalist party

Cumhurriyet claims that Parliament Speaker Bulent Arinc met with Recep Tayyip Erdogan and expressed fears that MPs in the far-right Bahceli party and Erdogan’s government partner, would distance themselves. In fact, about 30-40 MPs were determined to join other opposition parties.

The Minister of Interior, Suleyman Soylu, was immediately mobilized, who met with the MPs, who confirmed the information to him. It was only then that Erdogan realized that the situation was particularly serious and told Albayrak that it was appropriate for him to resign.

Ask me anything

Explore related questions

#Berat Albayrak#Devlet Bahceli#economy#politics#turkey#Turkish Lira#Turkish President Recep Tayyip Erdogan
> More Economy

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Historic record for gold as it surpassed $5,000 per ounce

January 26, 2026

Just one AI camera on Mesogeion Avenue issued 28,000 red-light tickets in one month

January 26, 2026

Heavy rain today and flood risk: Which areas are on “red alert,” difficult hours ahead for Attica

January 26, 2026

The hard (to impossible) aspects of a coalition government, PASOK… heading for the Conference, the green suitors and the crafty polls, the disgrace of a donation to the state

January 26, 2026

Major fire at the Violanta factory in Trikala: Five employees missing, six others taken to hospital

January 26, 2026

Greece–Italy 12–5: Historic bronze medal at the European Water Polo Championship

January 25, 2026

The path of the patricide—from prison for the murder of his mother to admission to Dromokaiteio and his discharge

January 25, 2026

“We have appealed to the Council of State, to ministries, we asked for the intervention of the Transparency Authority—no one is doing anything,” says the mayor of Milos about the new environmental crime

January 25, 2026
All News

> Lifestyle

Stefi: ‘The song I sent to Eurovision is about the unity of people across Europe

The singer will present her song in the first semi-final of Sing for Greece 2026 on February 11

January 24, 2026

A final farewell to fashion icon Valentino with white roses: Wintour, Versace, and Hathaway say goodbye

January 23, 2026

How old are your lungs? The simple at-home test that gives the answer

January 22, 2026

Farah Diba Pahlavi, the story of Iran’s first and last “empress”

January 22, 2026

Fotini Pelouso: Her roots in Thebes, the hardest Greek word, and her favorite scene in ‘The Great Chimera’

January 22, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα